Increasing the Value of Your Home
Mark IV • February 24, 2020
Realtor.com recently revealed the results of a survey that identifies the features that help homeowners sell their homes fastest and at the best prices. Identifying improvements that generate the most significant return on investment is more critical now than it has ever been. In 2017, homeowners spent more improving their homes than in any year since 2006, according to Harvard University's Joint Center for Housing Studies. Not surprisingly, the top two rooms that captured the most interest and dollars are kitchens and baths, according to Houzz.com.
Realtor.com surveyed more than a million single-family home listings in February to identify the top features that help owners to sell their home fastest. The top features are as follows:
- Chef's kitchen
- Theater room
- Home gym
- Three-car garage
- Solar panels
- Quartz countertops
- Exterior lighting
- Tennis court
- Home office
- In-ground pool
- Security system
- Fireplace
- Smart-home features
- Walk-in closet
The open floor plan concept has reinvented the kitchen, making it the epicenter of the home. Today's kitchens are more personalized, visible, luxurious and important to buyers. Realtor.com reports that homes with chef's kitchens – even for families that don't often cook – sell for more than double the national median sale price of homes without a chef's kitchen. Chef's kitchens commonly include a large open layout that allows for in-kitchen entertaining and typically feature a large island, high-performing gas range, high-end appliances, refrigerator with freezer, multiple sinks and dual ovens.
Quartz countertops ranked sixth on the most valuable improvement to sell your home. There are lots of reasons quartz countertops are held in such high esteem. According to another recent Houzz.com survey, quartz has become the most popular countertop material used in kitchen renovations, surpassing natural stone such as granite. Click here to obtain a guide to selecting countertops. Quartz has become the go-to material for many of our clients in Montgomery County, PA because it is easy to maintain and clean. There also are almost an unlimited number of colors, patterns and finishes available to meet any design or décor requirement.
If you would like to know more about the benefits financial and other of renovating your new kitchen, please give us a call at 215-657-6110 or visit our showroom at 2124 Moreland Road, Abington, PA 19001.
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